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Cerebras surges 18% after beating on quarterly revenue and announcing Microsoft deal

TechPublished Thu, Nov 12 20264:07 PM ESTUpdated 25 Min AgoKey PointsCerebras reported better-than-expected revenue for the third quarter and issued strong guidance.The AI chipmaker said it recently signed a deal with hyperscaler Microsoft.Cerebras' stock price has lost almost half its value since the company's IPO in May. Andrew Feldman, co-founder and CEO of Cerebras Systems, speaks at the TechCrunch Disrupt conference in San Francisco on Oct. 13, 2026.David Paul Morris | Bloomberg | Getty Ima...

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